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Jan 27, 2013
01/13
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CNN
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.$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. or treat gas with these after you get it. now that's like sunblock before or sun burn cream later. oh, somebody out there's saying, now i get it! take beano before and there'll be no gas. take beano before so, i'm working on a cistern intake valve, and the guy hands me a locknut wrench. no way! i'm like, what is this, a drainpipe slipknot? wherever your business takes you, nobody keeps you on the road like progressive commercial auto. [ flo speaking japanese ] [ shouting in japanese ] we work wherever you work. now, that's progressive. call or click today. >>> i'm fareed zakaria coming from davos. russia is no longer a superpower, but it remains one of the world's most powerful countries. it has a large nuclear arsenal, a large oil and gas reserves and now a seat at the world trade organizations. yet it's direction and interests still seem unclear to many in the west. is it modernizing, is it trying to help solve problems like syria.
.$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. or treat gas with these after you get it. now that's like sunblock before or sun burn cream later. oh, somebody out there's saying, now i get it! take beano before and there'll be no gas. take beano before so, i'm working on a cistern intake valve, and the guy hands me a locknut wrench. no way! i'm like, what is this, a drainpipe slipknot? wherever your business takes you, nobody keeps...
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Jan 22, 2013
01/13
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CNBC
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eye 339
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frustrated about higher taxes? so is golf pro phil michelson who suggested, quote, drastic changes ahead for him because of tax pain. we're going to discuss whether rich people are really moving to avoid the tax man's blow. next. >> we have certainly stories on that. >> litter, a super conservative governor raises taxes to fund her state's responsibility for the new health care law. stick around. could happen in for states as well. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. >>> you've probably heard by now golf phil michelson has apologized for those remarks that he said over the weekend when he said big changes would be coming in his own life due to his rising tax rate in california but didn't go so far as to say those changes were not coming with that apology. brian schactman has that story. >> well, you know, phil sa
frustrated about higher taxes? so is golf pro phil michelson who suggested, quote, drastic changes ahead for him because of tax pain. we're going to discuss whether rich people are really moving to avoid the tax man's blow. next. >> we have certainly stories on that. >> litter, a super conservative governor raises taxes to fund her state's responsibility for the new health care law. stick around. could happen in for states as well. at a dry cleaner, we replaced people with a...
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Jan 22, 2013
01/13
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FBC
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eye 107
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we have a tax code now that is so much more complex. we heard all this talk about simplification last year. we've gone in exactly the opposite direction, putting in all of these deals for special interests and now you're not even sure whether, what your exact rate is depending when you book business. how are you sorting all that out? >> well, it's a challenge. i think about our franchises. most of them are sole proprietors. so their taxes are being passed through the entity that they own. for every dollar that they're paying in additional tax, that is one less dollar they can put back into growing their businesses and creating jobs. we're kind of starving the goose that feeds the golden egg of producing more jobs. david: well, at least you are growing partly as a result of all the complication. people want to go into a franchise. dina owens, from the dwyer group. >> thanks, david. david: appreciate it. lauren: the bank of japan taking a page out of our playbook and announcing it will buy government bonds. up next find out why this could
we have a tax code now that is so much more complex. we heard all this talk about simplification last year. we've gone in exactly the opposite direction, putting in all of these deals for special interests and now you're not even sure whether, what your exact rate is depending when you book business. how are you sorting all that out? >> well, it's a challenge. i think about our franchises. most of them are sole proprietors. so their taxes are being passed through the entity that they own....
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Jan 27, 2013
01/13
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CNN
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phillips'. [ phillips' lady ] live the regular life. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. progress-oh! -oh! -oh! oh! oh! ♪ what do you know? oh! ♪ bacon? -oh! -oh! oh! [ female announcer ] with 40 delicious progresso soups at 100 calories or less, there are plenty of reasons people are saying "progress-oh!" share your story for a chance to win a progress-oh! makeover in hollywood. go to facebook.com/progresso to enter. >>> i'm candy crowley in washington with breaking news from the city of santa maria in brazil where a nightclub fire has killed at least 245 people. rafael romo is live in atlanta with more. >> candy, good morning. the death toll now stands at 245 after a massive fire in the city of santa maria in brazil. it broke out at about 2:00 a.m. this morning. more than 3,000 people were attending an event, a celebration as the end of summer in that part of the world when the fire broke out. it was a very dense fire, thick sm
phillips'. [ phillips' lady ] live the regular life. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. progress-oh! -oh! -oh! oh! oh! ♪ what do you know? oh! ♪ bacon? -oh! -oh! oh! [ female announcer ] with 40 delicious progresso soups at 100 calories or less, there are plenty of reasons people are saying "progress-oh!" share your story for a chance to...
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191
Jan 26, 2013
01/13
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CURRENT
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eye 191
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when it came down to brass tax it really felt like we had this enormous opportunity ahead of us. at the time we had probably, i don't know, 10,000 or something like that local business advertisers in an ocean of maybe 2 million of them just in the u.s. alone that we could have signed up. it felt like we were just starting. we were just spreading our wings. and why not be independent? why not chart our own course? we were able to line up a partner who was able to finance us right at that time. ultimately we did go public and it's been a pretty good outcome so far. >> i think one of the important parts of failure is to learn from it. we have to figure out what we should learn from it and move on. i think when i think about the mistakes we made over the years interestingly to me failure and pediatrician are inherently linked. there are times when your products have failed because they were not fast enough. and then it took forever to get your accounts linked up and it didn't work. we also saw things fail because the processes took too long and we missed a window. but the other thing
when it came down to brass tax it really felt like we had this enormous opportunity ahead of us. at the time we had probably, i don't know, 10,000 or something like that local business advertisers in an ocean of maybe 2 million of them just in the u.s. alone that we could have signed up. it felt like we were just starting. we were just spreading our wings. and why not be independent? why not chart our own course? we were able to line up a partner who was able to finance us right at that time....
SFGTV: San Francisco Government Television
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Jan 28, 2013
01/13
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SFGTV
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we may our taxes. and we're not going anywhere. we're here for the long haul. but we see people in our building who have sold, and our building renovated sold in 10 minutes to us, and other people who bought. but it's taken over a year to sell them because of the hoops the banks make the new buyers go through. and i just think it's the next right thing to do. and i love to see $20 million go into affordable housing. thank you very much. >> chair wiener: thank you. next speaker. >> i want to -- mike muylan that was my wife. i agree and support what she said because it's better off for me. we live in a t.i.c., it's very diverse, and the occupants in both jobs and ethnicity, we have chinese, vietnamese, people in marketing, we have a landscaper, and some that are semiretired. i looked up data from 2010 and it looked like at the time they said there's 65% of the units in san francisco are rented. that's 220,000 units and 35% are owned. that's 123,000. so this legislation, which is about a one-time -- roughly might be 2,000 units, is less than 1% of the available re
we may our taxes. and we're not going anywhere. we're here for the long haul. but we see people in our building who have sold, and our building renovated sold in 10 minutes to us, and other people who bought. but it's taken over a year to sell them because of the hoops the banks make the new buyers go through. and i just think it's the next right thing to do. and i love to see $20 million go into affordable housing. thank you very much. >> chair wiener: thank you. next speaker. >> i...
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Jan 23, 2013
01/13
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FBC
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tell us. >> well, the carbon tax has been proposed by some, a tax on carbon dioxide, a tax on hot air, proposed by some to be a way to close the budget deficit, and, second, to solve the problem of global warming, but it won't do either, and it's a tax on refineries, industry, and utilities and will slow the u.s. economy rate, the price of gasoline, goods, food, electricity, and so it will probably reduce federal revenues, not helping with the budget deficit. >> that's interesting because it's billed as we're doing something, showing the world we're tackling this carbon emissions problem. we are doing something. it's also billed as a big revenue raiser for the government. i think that's the motivation. now, in the long run, you could say it reduces government revenues because it's slowing the economy, but initially, it would be a gusher of money, now, wouldn't it? >> well, that's very attractive. more than a hundred billion dollars a year, but the republicans in the house have already passed a resolution before a bill was grue deuce -- introduced saying it's a bad idea. >> are you wri
tell us. >> well, the carbon tax has been proposed by some, a tax on carbon dioxide, a tax on hot air, proposed by some to be a way to close the budget deficit, and, second, to solve the problem of global warming, but it won't do either, and it's a tax on refineries, industry, and utilities and will slow the u.s. economy rate, the price of gasoline, goods, food, electricity, and so it will probably reduce federal revenues, not helping with the budget deficit. >> that's interesting...
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Jan 25, 2013
01/13
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FBC
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but you know something, taxes are going up. people have less discretionary dollars. >> you kind of get it. but i will say that there warning same-store sales globally in january are supposed to be a little softer, so there are some global economic challenges. cheryl: may be as the economy gets better in certain areas, but i have to ask you. that is a really good point. only at mcdonald's and someone feed a family of four for $10. when you don't have a lot of money to spend, mattel's becomes your best friend, whether it's true for you and your children and not to my they are there for you. >> come for food, emotional food >> at the day she would fast food in general is it has the benefit of being quick and convenient. we live very busy lives. >> and cheaper. >> but it is not necessarily good for you. and i think that there are a lot of quick and convenient foods, even stuff from the can, canned beans have nutrients and then. jenniferish. so there is a good balance there. i see why people go to fast food as a nutritionist i have
but you know something, taxes are going up. people have less discretionary dollars. >> you kind of get it. but i will say that there warning same-store sales globally in january are supposed to be a little softer, so there are some global economic challenges. cheryl: may be as the economy gets better in certain areas, but i have to ask you. that is a really good point. only at mcdonald's and someone feed a family of four for $10. when you don't have a lot of money to spend, mattel's...
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Jan 23, 2013
01/13
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FBC
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i would love to see territorial tax system, tax reform and get us through the fiscal problem we have right now. liz: what about a tax holiday overseas? >> if they do that, that is even better, but i will not hold my breath for that one. liz: paul jacobs, thank you very much. chairman and ceo of qualcomm. back to you in new york. cheryl: there is still more to come tomorrow from davos. liz will interview coca-cola ceo and kenneth frazier, chairman and ceo of merck. two prominent leaders we cannot afford to miss it. when i have 60 minutes to go. we're counting down the minutes until oh, you know what, apple earnings. big. will the numbers get th the docr decided again? shibani joshi will break it down for you coming up next read axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of pub
i would love to see territorial tax system, tax reform and get us through the fiscal problem we have right now. liz: what about a tax holiday overseas? >> if they do that, that is even better, but i will not hold my breath for that one. liz: paul jacobs, thank you very much. chairman and ceo of qualcomm. back to you in new york. cheryl: there is still more to come tomorrow from davos. liz will interview coca-cola ceo and kenneth frazier, chairman and ceo of merck. two prominent leaders we...
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Jan 22, 2013
01/13
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KICU
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"no one likes being taxes. but you don't have a choice." now, if you make 50,000 a year..you'll pay roughly a thousand dollars more in payroll taxes for the year. every two weeks your take-home pay--roughly 36-dollars less. retailers expect it to affect consumer spending. "the likelihood is that it will. we've seen them cutback during the holidays and we expect this 'austerity' to be here for awhile until they get their 'sea-legs' under this program" but getting those sea-legs may take months. "i'm not happy about it. so has it affected your spending? yes, i'm getting cheaper lunches than i would normally." but is it enough to stall the economic recovery? "trend right now is they've pulled back. but it's boring so we'll eventually be back to $5 starbucks and spending a little extra for a device we look for. "we've are going to see a drag. but we have other sectors that will pick up the slack, such as housing. so will it stall us out? no. would having that money have helped? probably." susan schmidt says another sector doing well three weeks
"no one likes being taxes. but you don't have a choice." now, if you make 50,000 a year..you'll pay roughly a thousand dollars more in payroll taxes for the year. every two weeks your take-home pay--roughly 36-dollars less. retailers expect it to affect consumer spending. "the likelihood is that it will. we've seen them cutback during the holidays and we expect this 'austerity' to be here for awhile until they get their 'sea-legs' under this program" but getting those...
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Jan 21, 2013
01/13
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KNTV
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how big of a hit from the tax increaseses, payroll tax holiday, and what do those numbers which may be a bit on the soft side do to stocks? >> absolutely. that is the question of the day, isn't it, jared. the ceiling debate, the u.s. set to hit that $16 trillion limit on borrowing in the next month if we haven't hit it yet. let's take a listen to what president obama had to say about the potential battle looming in congress. >> markets could go haywire, interest rates would spike for anybody who borrows money. every homeowner with a mortgage, every student with a college loan, every small business own whole wants to grow and hire. >> jared, how does this play out? >> well, we're beginning to hear lots of sounds from republicans that we're in a compromising mode than we heard, say, a week ago. right now they're talking about perhaps an increase in the debt ceiling that lasts for a couple of months, that is offering that to the president. frankly, and russ say agree with me here, i don't think markets would react to -- very approvingly to basically just another lurch from crisis to crisi
how big of a hit from the tax increaseses, payroll tax holiday, and what do those numbers which may be a bit on the soft side do to stocks? >> absolutely. that is the question of the day, isn't it, jared. the ceiling debate, the u.s. set to hit that $16 trillion limit on borrowing in the next month if we haven't hit it yet. let's take a listen to what president obama had to say about the potential battle looming in congress. >> markets could go haywire, interest rates would spike...
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Jan 23, 2013
01/13
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CNBC
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here is a case where higher tax rates will give you lower tax revenues. we have that weird income of the wealthy was shifted in december. we don't know what is going to happen in the first quarter. and i read today former president of france is leavinin france because he doesn't want to pay a 75% tax rate. >> anyway, great stuff cnbc robert frank. thank you. >> life, liberty and the pursuit of happiness. i love that. freedom and free markets, i'm larry kudlow, i'll see you tomorrow night. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. you know it can be hard to lbreathe, and how that feels.e, what's the rush? copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups.
here is a case where higher tax rates will give you lower tax revenues. we have that weird income of the wealthy was shifted in december. we don't know what is going to happen in the first quarter. and i read today former president of france is leavinin france because he doesn't want to pay a 75% tax rate. >> anyway, great stuff cnbc robert frank. thank you. >> life, liberty and the pursuit of happiness. i love that. freedom and free markets, i'm larry kudlow, i'll see you tomorrow...
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Jan 23, 2013
01/13
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KTVU
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the state celt a record on the 16th when the franchise tax board received $2.2 billion in taxes. experts say the excess cash maying the combination of state and federal tax changes. >>> officials at california state university says governor brown's budget falls $2 a million short of what -- $250 million short of what they need. he said the figure is not realistic, pointing in particular to $86 million for a 3% raise for employees. he said it will be hard to get the legislature to approve that since other state employees have not had raises. >>> a controversial consultant will come in to open the oakland police department combat a recent rise in crime. as ktvu eight alex savidge shows us, the plan was approved during a heated argument that stretched into the early- morning hours. >> shame on you! >> reporter: an angry reaction from the audience inside oakland's city hall as the council vote came down just after 2:00 this morning. members gave the go-ahead to hire bill bratton as a police consultant following four hours of emotional public comment. >> be quiet. >> reporter: one spe
the state celt a record on the 16th when the franchise tax board received $2.2 billion in taxes. experts say the excess cash maying the combination of state and federal tax changes. >>> officials at california state university says governor brown's budget falls $2 a million short of what -- $250 million short of what they need. he said the figure is not realistic, pointing in particular to $86 million for a 3% raise for employees. he said it will be hard to get the legislature to...
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Jan 21, 2013
01/13
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FBC
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plus, we had $520 billion of new taxes from obamacare. this would be the third tax increase. melissa: i really hope you're right because i feel their is a tide of higher taxes. its role in norway. it will keep all of us out to see no matter what our income bracket because it seems like before this last deal there was this notion that if republicans just gave in and went ahead with some higher taxes that then we could get down to the business of spending cuts. that was the idea that was out there. take your medicine now and then we will get down to the business of cutting spending once we have this out of the way. instead, it has been quite the opposite. this was just the first up. the camel's nose in a tent. now there are many more higher taxes coming. are you sure that there are enough democrats out there that would stand in a way of this? because i don't know. >> well, we will see. you may be right that some of these democrats make all unite behind the schumer obama budget which calls for somewhere in the neighborhood of another trillion dollar tax increase. the point i was
plus, we had $520 billion of new taxes from obamacare. this would be the third tax increase. melissa: i really hope you're right because i feel their is a tide of higher taxes. its role in norway. it will keep all of us out to see no matter what our income bracket because it seems like before this last deal there was this notion that if republicans just gave in and went ahead with some higher taxes that then we could get down to the business of spending cuts. that was the idea that was out...
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Jan 22, 2013
01/13
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CNBC
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. >> only to taxes. >> it's relevant from a standpoint of, what's your profit target? when do you think you should be out of this thing? tomorrow really shouldn't be a factor. at the end of the day, if you reached your profit target and you want to get out, great. >> i want to get the bottom line here. you are saying longer term you are concerned about apple's prospect but if you are a long-term investor, you should what? own apple or not? >> the bottom line is this, melissa. it's a great stock to own long-term. it's not a great stock to get into to start a new position in right now because all of the noise and all 0 the headlines that drives what happened in this thing. >> is it priced fairly? is there an attractive value proposition? these are the things you should be thinking about. >> absolutely. absolutely it's priced fairly i mean it's not priced fairly. if you look at amazon, we give amazon the benefit of the doubt with a 3,000 p.e. and i'm fine with that. i think they're going to execute its long-term plan really well and we don't give apple even close to the s
. >> only to taxes. >> it's relevant from a standpoint of, what's your profit target? when do you think you should be out of this thing? tomorrow really shouldn't be a factor. at the end of the day, if you reached your profit target and you want to get out, great. >> i want to get the bottom line here. you are saying longer term you are concerned about apple's prospect but if you are a long-term investor, you should what? own apple or not? >> the bottom line is this,...
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Jan 22, 2013
01/13
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CNBC
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some basic tax planning thing. he's probably paying, let's get the number here, more on the order of around 50% to 52%, that's being very conservative. the top paid americans when you look at the irs code, the highest paid 400 earners and millionaires are paying around 20%, that's the average for most millionaire earners. between 20% and 50%, not 62% or 63%. >> what we can tell of his income, his income mostly derives from tournament wings or endorsement income. it's not investment income, which is how the wealthy people typically lower their rated. >> he's correct, he's the guy getting hit. you're talking about people who earn a lot of money in ordinary income, they are the ones getting hit. he's like a lot of rich guys, especially in california now who are saying maybe this is -- >> move to florida, right? >> he probably has a point but he still will be taking home $25 million. someone with such a great image in golf t doesn't send the right message. >> many are accusing him of being a whiner about this. >> also
some basic tax planning thing. he's probably paying, let's get the number here, more on the order of around 50% to 52%, that's being very conservative. the top paid americans when you look at the irs code, the highest paid 400 earners and millionaires are paying around 20%, that's the average for most millionaire earners. between 20% and 50%, not 62% or 63%. >> what we can tell of his income, his income mostly derives from tournament wings or endorsement income. it's not investment...
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Jan 22, 2013
01/13
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FOXNEWSW
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you know, i know, when you start raising taxes, the obamacare taxes evaporate kicked in yet. the economy is marge neal improving. who knows. >> neil: charlie gasparino, they talk about him everywhere. what's he like -- you want to know why the president didn't mention the debt once yesterday. because he figured he didn't have to. hey, our salads. [ bop ] [ bop ] [ bop ] you can do that all you want, i don't like v8 juice. [ male announcer ] how about v8 v-fusion. a full serving of vegetables, a full serving of fruit. but what you taste is the fruit. so even you... could've had a v8. . i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? ♪ >> neil: all right. i'm going to pick somebodyism i'll probably tick everybody off but the blame game has got to stop. got, got, got to stop. president who wants to get republican angry and uses inaugural address to do it and republicans who feign shock, though finger pointing encourages it. just stop. allow me to
you know, i know, when you start raising taxes, the obamacare taxes evaporate kicked in yet. the economy is marge neal improving. who knows. >> neil: charlie gasparino, they talk about him everywhere. what's he like -- you want to know why the president didn't mention the debt once yesterday. because he figured he didn't have to. hey, our salads. [ bop ] [ bop ] [ bop ] you can do that all you want, i don't like v8 juice. [ male announcer ] how about v8 v-fusion. a full serving of...
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Jan 23, 2013
01/13
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FBC
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eye 128
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he met tax increases rather than tax reform. it really was changing the way government collects taxes. it broadened the tax base dramatically and it lowered tax rates. we had almost every democrat to vote with us in 1986. i think it was 97-three in the senate. that is bipartisan. i am really hoping congress can do that going forward. dagen: it was great to talk with you. be well. connell: jamie dimon is at the world economic forum. he has been taking on his critics are what he calls bad legislation. dagen: apple. the company reports after the bell today. we will set the stage on what you can expect to hear from the tech giant. will you be disappointed? take a look at oil today. it is slightly lower. $96.50 a barrel. ♪ twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for t
he met tax increases rather than tax reform. it really was changing the way government collects taxes. it broadened the tax base dramatically and it lowered tax rates. we had almost every democrat to vote with us in 1986. i think it was 97-three in the senate. that is bipartisan. i am really hoping congress can do that going forward. dagen: it was great to talk with you. be well. connell: jamie dimon is at the world economic forum. he has been taking on his critics are what he calls bad...
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Jan 22, 2013
01/13
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CNBC
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this trading tax, this idea, do you think it's a good idea, a bad idea? what would happen to you if they did it here in the united states? possible it could happen in the united states? >> i think it's a dumb idea, and history would prove that that's true basically. if you put tax in one country and not another, the trading will all move away and we've seen experiences of that around the world. i think it's a bad idea. i'm not sure what it's trying to do other than penalize an industry. and i think in the united states, i think we've kind of moved past that on to other topics. it's not coming up on the radar screen right now. >> i don't see that happening, do you? >> no. >> here, i mean. >> i think it's going to happen in europe. >> the thought of penalizing the banking system and wanting to tax everything in sight. >> people have to trade, trade what? >> people have to invest. that's what they do with their money. if there's a financial transaction tax, would they not invest? >> they will trade differently. the trade flows and investments will move to di
this trading tax, this idea, do you think it's a good idea, a bad idea? what would happen to you if they did it here in the united states? possible it could happen in the united states? >> i think it's a dumb idea, and history would prove that that's true basically. if you put tax in one country and not another, the trading will all move away and we've seen experiences of that around the world. i think it's a bad idea. i'm not sure what it's trying to do other than penalize an industry....
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Jan 24, 2013
01/13
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KRON
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according to the tax foundation they said it is closer to 51%. california recently became the state with the highest top marginal tax rate face the voters passed in november a temporary tax hike on wealthy residents. >> coming up on the kron4 morning news defense secretary leon panetta expected to make a big announcement today more on historic change coming to the military. we are seeing a lingering wet weather across the bay area this morning of full check of your forecast is 6:15 a.m.. plus a challenge to an york's ban on big shimmery drinks and so does, why the restaurant and recesses on unconstitutional at 6:26 a.m.. antheython'tone e bennernnfor fong.ng give ave couploubegibeerserd theythl gol o who e the can cl thsavisas,s, anthe thpplipp the tneedne to gtofromfreginegng..ng to dtong..ng. to bea bifulif don d mo sav sg.g. moremooingoi th's t's pow p of o thhop ght ghw thw sha sr var typ tycabicatt is a s acialciuy auyjustjue ne hured,reinetinnineniollaol.. call (llar sarr)thr)to stop nop mommy! i went potty! that's great, honey.... where? f
according to the tax foundation they said it is closer to 51%. california recently became the state with the highest top marginal tax rate face the voters passed in november a temporary tax hike on wealthy residents. >> coming up on the kron4 morning news defense secretary leon panetta expected to make a big announcement today more on historic change coming to the military. we are seeing a lingering wet weather across the bay area this morning of full check of your forecast is 6:15 a.m.....
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Jan 23, 2013
01/13
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. >> phil mickelson is talking taxes instead of the fairways and why he's now apologizing for that. >> marine corps taking a different stance hours after saying beyonce lip synced yesterday. >> and new, at 4:30. >> in san ramone, how this piece of equipment is keeping this piece of low tech materials safe for you, and your family. we'll have a live report. >> trook taking a look at traffic here at 4 n:10. it's bumper to bumper, almost a dead stop going left to right. a lot better for folks on the right hand side of the screen heading towards 101 south. stay with us, more >>> marin county is using a new emergency alert system to let people know quickly when there is a dangerous situation, using alerts for any type of emergency that could affect residents, workers or students in marin, requiring people to register online beginning this saturday. the system only alerts people who might be affected by given emergencies. >> we only ed send it out to a specific location. we can see it on the map and different data points. >> volunteers will get the word out at shopping centers and sites abo
. >> phil mickelson is talking taxes instead of the fairways and why he's now apologizing for that. >> marine corps taking a different stance hours after saying beyonce lip synced yesterday. >> and new, at 4:30. >> in san ramone, how this piece of equipment is keeping this piece of low tech materials safe for you, and your family. we'll have a live report. >> trook taking a look at traffic here at 4 n:10. it's bumper to bumper, almost a dead stop going left to...
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Jan 24, 2013
01/13
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CNBC
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taxes. realtors tell me that sellers rushed to do the deals before january 1st to avoid the potential tax hikes on capital gains. the big surprise was that sales are even continuing through this january, and inventory is getting very thin. brokers tell me the wealthy want somewhere safe to put all this cash, and they are turning to real estate. here are a few properties that are still for sale and could still be yours in the hamptons. this estate in bridgehampton could be yours for 43 million bucks. 12 bedrooms, get this, two bowling aliz, a tennies in court, a rock climbing wall and a full disco. or for the
taxes. realtors tell me that sellers rushed to do the deals before january 1st to avoid the potential tax hikes on capital gains. the big surprise was that sales are even continuing through this january, and inventory is getting very thin. brokers tell me the wealthy want somewhere safe to put all this cash, and they are turning to real estate. here are a few properties that are still for sale and could still be yours in the hamptons. this estate in bridgehampton could be yours for 43 million...
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Jan 22, 2013
01/13
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CNBC
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. >>> phil mickelson is teed off about taxes. he is threatening to leave california thanks to a higher tax rate on the wealthy. we will talk to robert frank about this in a minute, but first, jane wells, does he have a point? >> the wonder is why he stayed so long, except san diego is a nice place. florida is nice, too. mickelson will pay california a new rate of 13.4% retroactive to the beginning of last year. running the numbers, "sports illustrated" estimates he made 60 million in 2012, that means 64 million in ju 6.4 million in california taxes, and he owes an extra 1.8 million. but if he moves, california loses everything. some of those smaller tournaments may leave the state if golfers decide to golf at rival events. tiger woods and the williams sisters long ago left california for florida, maybe not for tax purposes but they haven't moved back. lebron james went to the heat instead of the heat so the clippers could save tens of millions over his contract. and taxes were in the conversation when peyton manning was debating
. >>> phil mickelson is teed off about taxes. he is threatening to leave california thanks to a higher tax rate on the wealthy. we will talk to robert frank about this in a minute, but first, jane wells, does he have a point? >> the wonder is why he stayed so long, except san diego is a nice place. florida is nice, too. mickelson will pay california a new rate of 13.4% retroactive to the beginning of last year. running the numbers, "sports illustrated" estimates he made...
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Jan 22, 2013
01/13
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KNTV
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billing to the companies that actually collect the garbage or simply rolling the cost into annual profit taxes. both of those options would keep your garbage bill from increasing significantly. if the city replaces the old system to stick with in-house billing, you could see your bill go up by more than $14. >>> a real world test for google's next big thing. google's co-founder was caught on camera taking one of his company's prototypes out for a test drive. wearing the so-called google glasses on new york city subway. the glasses are said to have capabilities similar to a smartphone. as you can see in this you tube video, the user can see data on the screen on the tiny frames. google doesn't expect glasses to be available for a few years now. they are expected to cost about $1,500. >> that's tripp trippy. we would be robots. >>> a lot to talk about in business. kayla tausche is live at cnbc world headquarters with all of yours news before the bell. good morning, kayla. >> reporter: good tuesday morning to you, marla. futures are mixed as investors return from the holiday weekend. markets are
billing to the companies that actually collect the garbage or simply rolling the cost into annual profit taxes. both of those options would keep your garbage bill from increasing significantly. if the city replaces the old system to stick with in-house billing, you could see your bill go up by more than $14. >>> a real world test for google's next big thing. google's co-founder was caught on camera taking one of his company's prototypes out for a test drive. wearing the so-called...
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Jan 24, 2013
01/13
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CNBC
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he could stand up for all the tax oppressed people in california and it is one tax oppressing place and he could stand up for them and be a spokesman and say you guys are driving loyal people like myself out of here because you're taking so much out of my paycheck. >> if you want to broad i don't know the tax debate, california has come out and said we've balanced the budget, so why take that personalin come t income t they finally got the budget right. whether you make 50,000 or 50 million, taxes hurt. >> other people who have moved around and we talked about tiger woods, what about lebron james? he was a great basketball star in cleveland. when he went to florida to the miami heat, a lot of people in new york said to avoid new york tax rates. anything to that? >> i think obviously there's no doubt when you're signing hundred million dollar contracts having no individual income tax is a big deal but this guy is going to be a billionaire someday. he had more control over putting this team together, there was more freedom over what players could go there. i trip it's always a factor. the
he could stand up for all the tax oppressed people in california and it is one tax oppressing place and he could stand up for them and be a spokesman and say you guys are driving loyal people like myself out of here because you're taking so much out of my paycheck. >> if you want to broad i don't know the tax debate, california has come out and said we've balanced the budget, so why take that personalin come t income t they finally got the budget right. whether you make 50,000 or 50...
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Jan 22, 2013
01/13
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FBC
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additional taxes, all kinds of reasons. those people will not buy real estate. that is what happened january 1. let's talk about overall, they talked to me about builder confidence. still have not broken the 50 level. a couple of regions have hit it, the northeast has not, for example. so where is the disconnect? >> you have a demand for multiple family housing. town home garden apartments, that kind of thing demand is there. out somewhere not so commutable, it is not there. cheryl: because you're a real estate agent to the stars coming of high-end luxury clients with multimillion dollar property, is that market strong, will it stay strong, do you think? >> the market is strong due to the overall lack of supply and we have all kinds of people buying in new york. foreigners, investors, users, so much, so many buyers from so many pools, it works. cheryl: thank you very much. if i had an extra $20 million, i would call you. the closing bell is going to ring, exactly 30 minutes to go right now could dell has been the subject of intense chatter of buyouts. the shareh
additional taxes, all kinds of reasons. those people will not buy real estate. that is what happened january 1. let's talk about overall, they talked to me about builder confidence. still have not broken the 50 level. a couple of regions have hit it, the northeast has not, for example. so where is the disconnect? >> you have a demand for multiple family housing. town home garden apartments, that kind of thing demand is there. out somewhere not so commutable, it is not there. cheryl:...
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Jan 22, 2013
01/13
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phil mickelson now apologizing, backing off the controversial comments on high income taxes in the state of california. but does the golf titan have his math right? we'll look at mr. mickelson. >> thanks so much. >>> not so fast, josh, the traders are quick. but not always right. listen to what josh brown said about netflix back in october. >> i'm a hater. look, all of the people that are being very bullish about the stock in the past week, hedge fund managers, they're buried this this thing. why would you own shares of a company with an unproven business model, big expenditures overseas? >> well, shares are up 56% since then. are you still drinking the hatorade? >> i have been wrong, but everything i have said as reasons not to like it is still around. the company reports tomorrow. this is not a report that i'd want to be involved in the stock ahead of. quite frankly, they have got to add 5 million net new subs. they have a history of being hot and cold on the reports. guidance is out of control as far as what people are looking for, as far as the downside and upside. for me i'm not int
phil mickelson now apologizing, backing off the controversial comments on high income taxes in the state of california. but does the golf titan have his math right? we'll look at mr. mickelson. >> thanks so much. >>> not so fast, josh, the traders are quick. but not always right. listen to what josh brown said about netflix back in october. >> i'm a hater. look, all of the people that are being very bullish about the stock in the past week, hedge fund managers, they're...
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Jan 22, 2013
01/13
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CNBC
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he stays in california, tax bill is $29 million. so if he moved to florida, he would save $6.25 million. >> the tax bill is 29 million? >> 29 million out of 47. that's not bad. that's pretty good. but he could move to florida and keep half, basically keep half instead of keeping 18 out of 47. >> for a guy who is on the road a lot of the time. >> and then the asteroid thing, i saw what al rockier was able to -- he got a lot of mileage out of that story. >> so are you about to make a confession? >> it's not really true. today i'm feeling fine. coming up, i'm going to start being more open. >> more open? i know everything about you. >> to viewers. >> our viewers know just about everything, too. >> if i feel like i have to burp, i am going to -- >> you are not a closed book. >> could you be more open than al roker about something? >> probably not. >> probably not. so every little thing happens to me. >> oh, boy, viewers, look out. >> anyway, if you've ever been worried about what your boss -- uh-oh, i forgot about him. about what your b
he stays in california, tax bill is $29 million. so if he moved to florida, he would save $6.25 million. >> the tax bill is 29 million? >> 29 million out of 47. that's not bad. that's pretty good. but he could move to florida and keep half, basically keep half instead of keeping 18 out of 47. >> for a guy who is on the road a lot of the time. >> and then the asteroid thing, i saw what al rockier was able to -- he got a lot of mileage out of that story. >> so are...
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Jan 23, 2013
01/13
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CNBC
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oppenheimer says the upside largely driven by taxes and interest income. concern about nexus margins. >> okay. as we is can say, gain over 9%. coach is moving in the opposite direction and then some. disappointment here. >> tell me what you think is wrong, this is your kind of store. what's happening? >> you know, i was reading commentary and i think they were disappointed by the performance in mother america and european market. other than that, national sales are going quite well. i think the problem here is handbags. the handbag store, maybe around 300, $400 point range, but to try and retain that brand, they refuse to cut prices. and they've got a lot of competition. places like michael kors for places which are discounting, and they are not discounting because they do not want to hurt their brand. >> nobody goes there any more. too crowded. >> too crowded? >> yeah. that seems like what is happening it apple as well. by the way be analyst on squawk balk said buy coach. it is a buying opportunity. >> there you good. >> okay, let's talk about cree. >> ok
oppenheimer says the upside largely driven by taxes and interest income. concern about nexus margins. >> okay. as we is can say, gain over 9%. coach is moving in the opposite direction and then some. disappointment here. >> tell me what you think is wrong, this is your kind of store. what's happening? >> you know, i was reading commentary and i think they were disappointed by the performance in mother america and european market. other than that, national sales are going quite...
WHUT (Howard University Television)
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Jan 22, 2013
01/13
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WHUT
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and mount a tax on population centers. so when the whole of the northern part of marli early last year to a group of dis pretties and infamous rebels, and well-organized people militarily, and got together to do it, not only is it governored, it's governored by people who want to do harm to some of the western interests. so that's why the french inter -- >> mark, we leave you there. thank you very much. apologies for the slight problem in the sound. but fantastic to have mark there in marli. well, as we heard from aaron, the global unemployment picture is a bleak one with fears of more job cuts and increasing numbers of people are coming to terms with years of livering with austerity. our correspondents have been to germany where thousands of migrant workers have left behind their old lives in a future away from home. >> they flew in from the sunny skies of spain to a cold winter in germany. today, five more nurses. all of them have jobs lined up here. all of them are going to have to learn german fast. >> why have you com
and mount a tax on population centers. so when the whole of the northern part of marli early last year to a group of dis pretties and infamous rebels, and well-organized people militarily, and got together to do it, not only is it governored, it's governored by people who want to do harm to some of the western interests. so that's why the french inter -- >> mark, we leave you there. thank you very much. apologies for the slight problem in the sound. but fantastic to have mark there in...
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Jan 24, 2013
01/13
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FBC
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i think that might mean a carbon tax. what do you think of a carbon tax? >> global warming is a real issue and what is the most of corn tissue of our time, the environment we live in. obviously we have to protect it. i think that is a possibility and probably something that may be effective. stuart: wouldn't do any good? >> if we could get bipartisan support, it could -- stuart: when it would lower carbon emissions in a miniscule, may be lower the temperature is your.1% over a longer period of time. it is just a fund of money. that is why -- that is what it is all about. >> those dollars would be used for other efforts to control and focus on changing climate. stuart: they would just fill government coffers with that the needed money. >> if that is the case they wouldn't be a good thing. stuart: when you are if in favor of carbon tax to raise money. >> i am not. i am in favor of it as a way of controlling, beginning to control global warming and giving resources to combat it. stuart: i want to bring you the answer to the quiz we brought you before the brea
i think that might mean a carbon tax. what do you think of a carbon tax? >> global warming is a real issue and what is the most of corn tissue of our time, the environment we live in. obviously we have to protect it. i think that is a possibility and probably something that may be effective. stuart: wouldn't do any good? >> if we could get bipartisan support, it could -- stuart: when it would lower carbon emissions in a miniscule, may be lower the temperature is your.1% over a...
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Jan 23, 2013
01/13
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KQEH
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also tomorrow, the best thing you can do now to save on taxes and boost your retirement security. details in our "money file" segment. the admission by lance armstrong that he took performance enhancing drugs came only after companies like nike, radio shack and others paid him millions of dollars to endorse their products but then dropped him. here's rick horrow with tonight's "beyond the scoreboard." >> reporter: oftentimes, the best athletes also are the best sales people. with so much money available from endorsements, the incentive to lie and cheat is multiplied as their stardom rises. in the last few years, several high-profile athletes have been brought down by scandal: golfer tiger woods with his extramarital affairs; olympic swimmer michael phelps with smoking marijuana; and, of course, lance armstrong with doping. in each case, the damage done to their image had the collateral effect of costing them multi- millions of dollars in endorsement money. in a sense, it's warranted to blame athlete lying and cheating on big paychecks from sponsors. as long as playing contracts an
also tomorrow, the best thing you can do now to save on taxes and boost your retirement security. details in our "money file" segment. the admission by lance armstrong that he took performance enhancing drugs came only after companies like nike, radio shack and others paid him millions of dollars to endorse their products but then dropped him. here's rick horrow with tonight's "beyond the scoreboard." >> reporter: oftentimes, the best athletes also are the best sales...
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Jan 29, 2013
01/13
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WJLA
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to dealrs has efforts your tax return this year. to explain that, here is alan limburg headquarters in new york. bloomberg t headquarters in new york. start accepting returns tomorrow, but do not even if yout return file early. things may be slowed down by a year.his this is according to the founder of liberty tax service. adders for host of read could into the company. the maker of little debbie has agreed to pay more than $27 million for the drinks rant. united states bakery, offering buy some equipment for about $29 million. on february this 11. chipotle is looking to stand by pushing its sustainability message to an organichrough line of clothing and accessories. is looking to be more of a lifestyle brand as well as sustainable food areas that is business news live at bloomberg headquarters in new york. thank you. . it is 5:55e it right now. 43 degrees. think this isyou a tasty ice cream dessert? guess again. we will tell you about the guess again. we will tell you about the strange ingredients guess again. we will tell you abou
to dealrs has efforts your tax return this year. to explain that, here is alan limburg headquarters in new york. bloomberg t headquarters in new york. start accepting returns tomorrow, but do not even if yout return file early. things may be slowed down by a year.his this is according to the founder of liberty tax service. adders for host of read could into the company. the maker of little debbie has agreed to pay more than $27 million for the drinks rant. united states bakery, offering buy...
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Jan 29, 2013
01/13
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CNBC
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new year, and now a lot of those uncertainties have been wiped away with the budget ceiling and the tax situation that i think gives us a great deal of improvement, but as dandy don used to say when he hosted "monday night live," when it became obvious, he used to sing "turn out the lights, the party is over," and i think that's what's happening now. investors are realizing that the bond market party may be over, and it's time to shift to equities. >> let me ask you again. how are you allocating capital then in. >> we like a lot of sectors in the equity market. we like energy, materials and industrials, and some of the technology names are looking really pretty right now. >> rick, it's a perfect segue to you. he said the bond market party may be over. is it? >> well, no, i absolutely do not think so. here we are still toying with 2% as we get close to record highs in the dow jones industrial average. there's an incongruent relationship there, just like there's an incongruent relationship with the fact that we're talking about the dow near records, and tomorrow morning at 8:30 eastern i'
new year, and now a lot of those uncertainties have been wiped away with the budget ceiling and the tax situation that i think gives us a great deal of improvement, but as dandy don used to say when he hosted "monday night live," when it became obvious, he used to sing "turn out the lights, the party is over," and i think that's what's happening now. investors are realizing that the bond market party may be over, and it's time to shift to equities. >> let me ask you...
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Jan 22, 2013
01/13
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FBC
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we just had a big capital gains tax, a big dividend tax. you have obamacare that is coming down the pipe which it employers with more than 50 workers in a lot of employers are already holding back on their employment because of that. then we talk about things like coffee and trade and climate change legislation. i do not want to be entirely negative here. you mentioned the fact that the housing market is picking up. no question about that. ironically, here is the irony of this president, the number one factor that is creating jobs in the economy over the last three years has been the oil and gas sector. dagen: you would be not a smart politician if you got in the way of that in the next four years. steve, by the way, 2100 words in that address and job or jobs was noted three times. steve, it was great to speak with you. >> people should read in our "wall street journal" today, we have an excerpt from ronald reagan's inauguration. the job market was really expanding back in. dagen: steve, great to speak with you. take care. connell: we broug
we just had a big capital gains tax, a big dividend tax. you have obamacare that is coming down the pipe which it employers with more than 50 workers in a lot of employers are already holding back on their employment because of that. then we talk about things like coffee and trade and climate change legislation. i do not want to be entirely negative here. you mentioned the fact that the housing market is picking up. no question about that. ironically, here is the irony of this president, the...
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Jan 28, 2013
01/13
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FBC
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with high income taxes. who else who is famous lived in illinois? that's scott, and he joins us now from chicago. your state has just been downgraded, illinois, and the city of chicago is going to get bailed out with its health problems by the federal government, and you have high taxes. can i count on you to move, scott? >> well, that depends on where this big building goes. if there's a place where we don't have the issues, the cme would move, and i would move with it. we have a history of making bad business decisions in illinois. we sold the parking meter rights, and weave given away cash flows for 20 years on out. this is no surprise, and it's the worst in the union now, and it's not better because we're on a negative watch as well again. where we go from here is we have to see a massive exodus of people like myself or anybody get behind this. we're in trouble. are you or anyone else in illinois going to do a mike dirk mickelson or sarkozy in do you see a lot of tax refugees pouring out of illinois, you
with high income taxes. who else who is famous lived in illinois? that's scott, and he joins us now from chicago. your state has just been downgraded, illinois, and the city of chicago is going to get bailed out with its health problems by the federal government, and you have high taxes. can i count on you to move, scott? >> well, that depends on where this big building goes. if there's a place where we don't have the issues, the cme would move, and i would move with it. we have a history...
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Jan 23, 2013
01/13
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CNBC
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other income, 350 million and a tax rate of 26%. >> okay. gene in. >> it's actually kivon -- the numbers are disappointing on the iphone, slightly disappointing, but if you step back the expectations were for 41 billion in the mid-point of the revenue guide and did 42 so that was better. essentially this is what people had really expected absent the small disappointment on the iphone number, but it seems pretty -- actually pretty uneventful. it's directionally more negative than what we expected. >> you got 22.9 million ipads. what did you think? >> i think that's actually a really good number. it's better than what i expected. but the thing that catches me, apple may be worse than what we expected because they just eked out the number. >> even though the eps beat was really, really big. >> dan, how do you feel about watching the stock that you own a lot of down another 23 bucks and below 500 bucks? >> i mean, it's frustrating. this number, obviously, hoping for a blowout number after those verizon iphone numbers came in in terms of the new
other income, 350 million and a tax rate of 26%. >> okay. gene in. >> it's actually kivon -- the numbers are disappointing on the iphone, slightly disappointing, but if you step back the expectations were for 41 billion in the mid-point of the revenue guide and did 42 so that was better. essentially this is what people had really expected absent the small disappointment on the iphone number, but it seems pretty -- actually pretty uneventful. it's directionally more negative than...
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Jan 24, 2013
01/13
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avoidance, sort of global tax avoidance issue? >> no, i did not. i'll stay quiet on that one. >> the other big topic here, energy. >> yes. >> and in particular, the u.s. energy situation, shale, fracking, et cetera, you bullish, you bearish, where do you think we really are? i mean people have prognosticated for now awhile that we were going to get there but doesn't seem like we're there. >> andrew, i think it is the bull case for the world. so to answer your question, i'm billish. and i think it's a game changer. and i think it is probably the story of global economic recovery if handled right. and frankly, the beneficiaries of that will be the u.s. consumer. u.s. jobs. i mean just in the downstream value added industries which i'm a part of $96 billion of investment already announced. 5 million new jobs over the next five years. huge value adder to a low-cost energy base. >> i don't know if you saw the president's inauguration speech. >> i caught part of it. >> do you feel that this administration, and forget about the administr
avoidance, sort of global tax avoidance issue? >> no, i did not. i'll stay quiet on that one. >> the other big topic here, energy. >> yes. >> and in particular, the u.s. energy situation, shale, fracking, et cetera, you bullish, you bearish, where do you think we really are? i mean people have prognosticated for now awhile that we were going to get there but doesn't seem like we're there. >> andrew, i think it is the bull case for the world. so to answer your...
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Jan 27, 2013
01/13
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WBFF
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point three million &pdollars a ddy for not following tte actt businessessto exempt from llá - state taxes. currently churches and religious based hospitals and universities do not have to cover emergenny contraception. calling it a freak accident in 7-year-oll boyy was buried in the saad by his youngee brother at a locca farm house....when tte "yoonger brother" noticed that his olderrbrothhr stooped went into cardiac arrest...by time he arrived at the hospital he was dead. pprents atta michigan elementarr school are outrage afterra third graderr prings a gun to sshool for the second time.. police say the boy first brought the gun to school thuusday and ssowed it tooclassmates. the boy claimed he had the gun for protection and that hee ot it from a family member. police did confiscate tte gun....but now parents are ponddring wwat oold have happened if the gun was fired. 3 a group of online hacking activists are going after the government by taking over a federal website. they're claimiig retaliation foo the eath f a fellow "arthel nevelle" as the - next. the onliie hacking roup, rogue acti
point three million &pdollars a ddy for not following tte actt businessessto exempt from llá - state taxes. currently churches and religious based hospitals and universities do not have to cover emergenny contraception. calling it a freak accident in 7-year-oll boyy was buried in the saad by his youngee brother at a locca farm house....when tte "yoonger brother" noticed that his olderrbrothhr stooped went into cardiac arrest...by time he arrived at the hospital he was dead....
SFGTV2: San Francisco Government Television
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Jan 26, 2013
01/13
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SFGTV2
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we are taxing work the barely taxing wealth region but barely tax and wealth. that is the wrong priority. -- we're taxing work but barely taxing wealth. the robin hood taxes an idea whose time has come. radicals light nicholke nicolasy and angela merkel have a tax on currency transactions that would bring in $350 billion a year. some of my heroes are the nurses of this country. national nurses united heal america. tax-loss >>> there are a slew -- tax on wall street. there are a slew of good things that 1%ers are for. >> he is not really offering of a lot. >> he is talking about being taxed less than his assistant. there is a group of patriotic millionaires. it is the belief that you owe backe to a country that has helped to make you what you are. steve jobs -- we had a tough column in the last issue. it was tough not about apple labor practices in china. here you had a man of great wealth was talking about cutting taxes and never really gave of his philanthropic wealth. poor bill gates, he gets nailed for being so square. you can disagree with some things. but
we are taxing work the barely taxing wealth region but barely tax and wealth. that is the wrong priority. -- we're taxing work but barely taxing wealth. the robin hood taxes an idea whose time has come. radicals light nicholke nicolasy and angela merkel have a tax on currency transactions that would bring in $350 billion a year. some of my heroes are the nurses of this country. national nurses united heal america. tax-loss >>> there are a slew -- tax on wall street. there are a slew of...
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Jan 25, 2013
01/13
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CNBC
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that was taken, as it should have been, to mean higher taxes. didn't mean just higher taxes. it meant higher taxes and less spending and i was specific about that. my ear is attuned for hearing more cuts in spending. i am not hearing it. i would be disappointed if this is all there was. as far as a deal was concerned, i think that that was a stopgap, and i think it was presented like that -- as that. as part of a series of more negotiations that were to follow and more changes, both possibly on the taxing side but certainly on the expenditure side. i'm dying to hear the -- to hear the expenditure and less spending side. i agree with that. but i'm not -- i'm not -- i wouldn't use the term disappointed until this whole process is over. i don't think we're in the -- i don't think we're in the seventh inning of this process. >> yeah. >> because at this point, we're -- >> at this point we're at, you know, simpson-bowles and rivlin domenici and the gang of all of these the idea was to get rid of a lot of the deductions and loopholes, so that you could broaden the base with a lower
that was taken, as it should have been, to mean higher taxes. didn't mean just higher taxes. it meant higher taxes and less spending and i was specific about that. my ear is attuned for hearing more cuts in spending. i am not hearing it. i would be disappointed if this is all there was. as far as a deal was concerned, i think that that was a stopgap, and i think it was presented like that -- as that. as part of a series of more negotiations that were to follow and more changes, both possibly on...
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Jan 21, 2013
01/13
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FBC
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peter: the president also did however discuss revamping the tax code, reducing healthcare spending, trying to reduce deficits, but acknowledging the realities of divided government, said, quote, today's victories will only be partial. cheryl? cheryl: peter barnes of course standing by at the white house, big day in d.c., cold day as well. peter thank you. well, while most of the markets are closed today, money is still moving. now is your chance to make money on currencies. joining me now for a fox business exclusive interview is forex.com senior currency strategist. welcome. currency markets are moving today. currency is a bit of great interest with regards to the european currencies and there's japan. big meeting today, bank of japan, more concern about deflation in that country, what is your reading right now on the country of japan and the yen in particular? >> they have been taking some pretty extraordinary measures over the past to months or so -- past two months or so. been very very aggressive in terms of easing the japanese yen. he believes that's going to be the major thing to tu
peter: the president also did however discuss revamping the tax code, reducing healthcare spending, trying to reduce deficits, but acknowledging the realities of divided government, said, quote, today's victories will only be partial. cheryl? cheryl: peter barnes of course standing by at the white house, big day in d.c., cold day as well. peter thank you. well, while most of the markets are closed today, money is still moving. now is your chance to make money on currencies. joining me now for a...